[BYD Responds to Market Concerns: Wang Chuanfu Has Not Personally Invested in Changxin Technology] According to Deep Tide TechFlow, on July 30, as reported by the Daily Economic News, in response to market concerns, BYD disclosed that all of the company's investments are directly made by BYD Company Limited. The company does not manage third-party funds nor the personal funds of any executives. Therefore, Wang Chuanfu has not personally invested in Changxin Technology. BYD Company Limited indirectly participated in Changxin Technology's Series A financing in December 2020 through its investment in Guangdong Yifang Changda Venture Capital Partnership (Limited Partnership).